# baseURI: http://finregont.com/fro/usc/FRO_USC_Title_12_Chapter_53.ttl
# imports: http://finregont.com/fro/usc/United_States_Code.ttl
# prefix: fro-usc-t12-ch53
@prefix dct: .
@prefix fro-leg-ref: .
@prefix fro-ref: .
@prefix fro-usc: .
@prefix fro-usc-t12-ch53: .
@prefix lkif-expr: .
@prefix lkif-mereo: .
@prefix lkif-place: .
@prefix lkif-rel-places: .
@prefix lkif-role: .
@prefix lkif-rules: .
@prefix lkif-time: .
@prefix lkif-time-mod: .
@prefix lkif-top: .
@prefix owl: .
@prefix rdf: .
@prefix rdfs: .
@prefix skos: .
@prefix sm: .
@prefix spif: .
@prefix spin: .
@prefix spinmap: .
@prefix time: .
@prefix top: .
@prefix xml: .
@prefix xsd: .
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The term “deposit-taking activity” means—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The term “electronic conduit services”—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "does not include a person that provides electronic conduit services if, when providing such services, the person—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Except as otherwise specifically provided in section 5519 of this title , subtitle G or subtitle H, the term “enumerated consumer laws” means—" ;
fro-usc:hasReferenceText "/us/usc/t12/s5519" ;
fro-usc:refers_toLevel fro-usc-t12-ch53:id83ab2ea6-1df7-11e6-87ee-8e4a3ab90f2a ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "providing financial advisory services (other than services relating to securities provided by a person regulated by the Commission or a person regulated by a State securities Commission, but only to the extent that such person acts in a regulated capacity) to consumers on individual financial matters or relating to proprietary financial products or services (other than by publishing any bona fide newspaper, news magazine, or business or financial publication of general and regular circulation, including publishing market data, news, or data analytics or investment information or recommendations that are not tailored to the individual needs of a particular consumer), including—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "collecting, analyzing, maintaining, or providing consumer report information or other account information, including information relating to the credit history of consumers, used or expected to be used in connection with any decision regarding the offering or provision of a consumer financial product or service, except to the extent that—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "a person—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "such other financial product or service as may be defined by the Bureau, by regulation, for purposes of this title, if the Bureau finds that such financial product or service is—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The term “financial product or service” means—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "extending or brokering leases of personal or real property that are the functional equivalent of purchase finance arrangements, if—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "selling, providing, or issuing stored value or payment instruments, except that, in the case of a sale of, or transaction to reload, stored value, only if the seller exercises substantial control over the terms or conditions of the stored value provided to the consumer where, for purposes of this clause—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "providing payments or other financial data processing products or services to a consumer by any technological means, including processing or storing financial or banking data for any payment instrument, or through any payments systems or network used for processing payments data, including payments made through an online banking system or mobile telecommunications network, except that a person shall not be deemed to be a covered person with respect to financial data processing solely because the person—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "For purposes of subparagraph (A)(xi)(II), and subject to clause (ii) of this subparagraph, the following activities provided to a covered person shall not, for purposes of this title, be considered incidental or complementary to a financial activity permissible for a financial holding company to engage in under any provision of a Federal law or regulation applicable to a financial holding company:" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Nothing in clause (i) may be construed as modifying or limiting the authority of the Bureau to exercise any—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The term “financial product or service” does not include—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-leg-ref:refers_toNote fro-usc-t12-ch53:fn002501 ;
fro-usc:hasChapeauText "Except as otherwise provided in this title, 1 for purposes of this title, 1 the following definitions shall apply:" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The term “person regulated by the Commission” means a person who is—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The term “person that performs income tax preparation activities for consumers” means—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The term “prudential regulator” means—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The term “related person”—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "means—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "any independent contractor (including any attorney, appraiser, or accountant) who knowingly or recklessly participates in any—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The term “service provider” means any person that provides a material service to a covered person in connection with the offering or provision by such covered person of a consumer financial product or service, including a person that—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The term “service provider” does not include a person solely by virtue of such person offering or providing to a covered person—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Notwithstanding subparagraph (A), the term “stored value” does not include a special purpose card or certificate, which shall be defined for purposes of this paragraph as funds or monetary value represented in any electronic format, whether or not specially encrypted, that is—" ;
.
rdf:type fro-usc:USC_QuotedContent ;
fro-usc:hasQuotedContentText "“Subtitles A, B, C, and E [subtitles A (§§ 1401–1406), B (§§ 1411–1422), C (§§ 1431–1433), and E (§§ 1461–1465) of title XIV of Pub. L. 111–203 ], 1475 [amending section 2603 of this title ], and 1476 [not classified to the Code], and the amendments made by such subtitles and sections, shall be enumerated consumer laws, as defined in section 1002 [ 12 U.S.C. 5481 ], and come under the purview of the Bureau of Consumer Financial Protection for purposes of title X [see Short Title note set out under section 5301 of this title ], including the transfer of functions and personnel under subtitle F of title X [§§ 1061–1067, enacting part F of this subchapter] and the savings provisions of such subtitle.” , enacting sections 1638a, 1639b to 1639d, 1639f, and 1639g of Title 15, Commerce and Trade, amending section 2605 of this title , sections 1602, 1607, 1638, 1639 to 1639d, and 1640 of Title 15, and enacting provisions set out as notes under sections 1601 and 1639b to 1639d of Title 15] and sections 1471 [enacting section 1639h of Title 15 ], 1472 [enacting section 1639e of Title 15 and amending section 1604 of Title 15" ;
fro-usc:hasReferenceText "/us/pl/111/203" ;
fro-usc:hasReferenceText "/us/pl/111/203/tXIV" ;
fro-usc:hasReferenceText "/us/usc/t12/s2603" ;
fro-usc:hasReferenceText "/us/usc/t12/s2605" ;
fro-usc:hasReferenceText "/us/usc/t12/s5301" ;
fro-usc:hasReferenceText "/us/usc/t12/s5481" ;
fro-usc:hasReferenceText "/us/usc/t15/s1604" ;
fro-usc:hasReferenceText "/us/usc/t15/s1639e" ;
fro-usc:hasReferenceText "/us/usc/t15/s1639h" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The term “consumer financial product or service” means any financial product or service that is described in one or more categories under—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The term “covered person” means—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Notwithstanding paragraph (1), and in accordance with this paragraph, the amount that shall be transferred to the Bureau in each fiscal year shall not exceed a fixed percentage of the total operating expenses of the Federal Reserve System, as reported in the Annual Report, 2009, of the Board of Governors, equal to—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau shall prepare annually a statement of—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "There is established the position of Deputy Director, who shall—" ;
.
rdf:type fro-usc:USC_QuotedContent ;
fro-usc:hasQuotedContentText "“This subtitle [subtitle A (§§ 1011–1018), enacting this part and amending section 9702 of Title 20 , Education] shall become effective on the date of enactment of this Act [ July 21, 2010 ].”" ;
fro-usc:hasReferenceText "/us/pl/111/203/tX" ;
fro-usc:hasReferenceText "/us/usc/t20/s9702" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau is authorized to establish the general policies of the Bureau with respect to all executive and administrative functions, including—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Notwithstanding the authorities granted to the Board of Governors under the Federal Reserve Act [ 12 U.S.C. 221 et seq.], the Board of Governors may not—" ;
fro-usc:hasReferenceText "/us/usc/t12/s221" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-leg-ref:refers_toNote fro-usc-t12-ch53:fn002504 ;
fro-usc:hasChapeauText "In making any appointment under subparagraph (A), the Director may waive the requirements of chapter 33 of title 5, and the regulations implementing such chapter, to the extent necessary to appoint employees on terms and conditions that are consistent with those set forth in section 11(1) of the Federal Reserve Act ( 12 U.S.C. 248(1) ), 1 while providing for—" ;
fro-usc:hasReferenceText "/us/usc/t12/s248/1" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Notwithstanding any otherwise applicable provision of title 5 concerning compensation, including the provisions of chapter 51 and chapter 53, the following provisions shall apply with respect to employees of the Bureau:" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Employees appointed to the Bureau may elect to participate in either—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The ombudsman appointed in accordance with subparagraph (A) shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Director shall establish a unit whose functions shall include researching, analyzing, and reporting on—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "To the extent practicable, State agencies may receive appropriate complaints from the systems established under subparagraph (A), if—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Office of Fair Lending and Equal Opportunity shall have such powers and duties as the Director may delegate to the Office, including—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "There is established the position of Assistant Director of the Bureau for Fair Lending and Equal Opportunity, who—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Office of Financial Education shall develop and implement a strategy to improve the financial literacy of consumers that includes measurable goals and objectives, in consultation with the Financial Literacy and Education Commission, consistent with the National Strategy for Financial Literacy, through activities including providing opportunities for consumers to access—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "activities intended to—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Office of Financial Education shall coordinate with other units within the Bureau in carrying out its functions, including—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Not later than 24 months after the designated transfer date, and annually thereafter, the Director shall submit a report on its financial literacy activities and strategy to improve financial literacy of consumers to—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Comptroller General of the United States shall conduct a study to identify—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "the feasibility of certification of persons providing the programs or performing the activities described in paragraph (2), including recognizing outstanding programs, and developing guidelines and resources for community-based practitioners, including—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Director shall establish an Office of Service Member Affairs, which shall be responsible for developing and implementing initiatives for service members and their families intended to—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Office shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "develop goals for programs that provide seniors financial literacy and counseling, including programs that—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "not later than 18 months after the date of the establishment of the Office, submit to Congress and the Commission any legislative and regulatory recommendations on the best practices for—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "conduct research to identify best practices and effective methods, tools, technology and strategies to educate and counsel seniors about personal finance management with a focus on—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Members of the Consumer Advisory Board who are not full-time employees of the United States shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The reports required by subsection (b) shall include—" ;
.
rdf:type fro-usc:USC_QuotedContent ;
fro-usc:hasQuotedContentText "“The initial audits described under section 1016A of the Consumer Financial Protection Act of 2010 [ 12 U.S.C. 5496a ] shall be completed not later than the end of the 180-day period beginning on the date of the enactment of this Act [ Apr. 15, 2011 ].”" ;
fro-usc:hasReferenceText "/us/pl/112/10/dB/tV" ;
fro-usc:hasReferenceText "/us/usc/t12/s5496a" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Not later than the end of the 180-day period beginning on the date of the enactment of this Act, and annually thereafter, the Comptroller General of the United States shall conduct a study of financial services regulations, including activities of the Bureau. Such study shall include an analysis of—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Subsection (a) shall not apply to any person, to the extent that such person—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "operates a line of business—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "in which—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Board of Governors and the Federal Trade Commission shall coordinate with the Office of Service Member Affairs, to ensure that—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "For purposes of this section, the following definitions shall apply:" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The term “motor vehicle” means—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The term “motor vehicle dealer” means any person or resident in the United States, or any territory of the United States, who—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau is authorized to exercise its authorities under Federal consumer financial law for the purposes of ensuring that, with respect to consumer financial products and services—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The primary functions of the Bureau are—" ;
.
rdf:type fro-usc:USC_QuotedContent ;
fro-usc:hasQuotedContentText "“This subtitle [subtitle B (§§ 1021–1029A), enacting this part] shall become effective on the designated transfer date, except that sections 1022, 1024, and 1025(e) [ 12 U.S.C. 5512 , 5514, and 5515(e)] shall become effective on the date of enactment of this Act [ July 21, 2010 ].”" ;
fro-usc:hasReferenceText "/us/pl/111/203/tX" ;
fro-usc:hasReferenceText "/us/usc/t12/s5512" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "In prescribing a rule under the Federal consumer financial laws—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "the Bureau shall consider—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "In issuing an exemption, as permitted under subparagraph (A), the Bureau shall, as appropriate, take into consideration—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau may not obtain from a covered person or service provider any personally identifiable financial information about a consumer from the financial records of the covered person or service provider, except—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "In allocating its resources to perform the monitoring required by this section, the Bureau may consider, among other factors—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "In order to gather information described in subparagraph (A), the Bureau may—" ;
.
rdf:type fro-usc:USC_QuotedContent ;
fro-usc:hasReferenceText "/us/pl/114/94/dG/tLXXXIX" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "When evaluating an application submitted under subsection (a), the Bureau shall take into consideration the following factors:" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Not later than 60 days after receiving an application submitted under subsection (a), the Bureau shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Not later than 90 days after the end of the public comment period under subsection (d)(1) for an application, the Bureau shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "An agency represented by a member of the Council may petition the Council, in writing, and in accordance with rules prescribed pursuant to subsection (f), to stay the effectiveness of, or set aside, a regulation if the member agency filing the petition—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "A stay issued under this paragraph shall expire on the earlier of—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "A member of the Council may vote to stay the effectiveness of, or set aside, a final regulation prescribed by the Bureau only if the agency or department represented by that member has—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Council may not issue a decision to set aside a regulation, or provision thereof, which is the subject of a petition under this section after the expiration of the later of—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-leg-ref:refers_toNote fro-usc-t12-ch53:fn002508 ;
fro-usc:hasChapeauText "Notwithstanding any other provision of this title, 1 and except as provided in paragraph (3), this section shall apply to any covered person who—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau shall require reports and conduct examinations on a periodic basis of persons described in subsection (a)(1) for purposes of—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau shall exercise its authority under paragraph (1) in a manner designed to ensure that such exercise, with respect to persons described in subsection (a)(1), is based on the assessment by the Bureau of the risks posed to consumers in the relevant product markets and geographic markets, and taking into consideration, as applicable—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau shall, to the fullest extent possible, use—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Whenever a civil action has been filed by, or on behalf of, the Bureau or the Federal Trade Commission for any violation of any provision of Federal law described in subparagraph (A), or any regulation prescribed under such provision of law—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "the Bureau or the Federal Trade Commission may intervene as a party in any such action brought by the other agency, and, upon intervening—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "This section shall apply to any covered person that is—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau shall have exclusive authority to require reports and conduct examinations on a periodic basis of persons described in subsection (a) for purposes of—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau shall, to the fullest extent possible, use—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "A prudential regulator and the Bureau shall, with respect to each insured depository institution, insured credit union, or other covered person described in subsection (a) that is supervised by the prudential regulator and the Bureau, respectively—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The governing panel for an appeal under this paragraph shall be composed of—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "a representative from the Bureau and a representative of the prudential regulator, both of whom—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "In an appeal under this paragraph—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "the insured depository institution, insured credit union, or other covered person described in subsection (a)—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "the governing panel—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "This section shall apply to any covered person that is—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Director may require reports from a person described in subsection (a), as necessary to support the role of the Bureau in implementing Federal consumer financial law, to support its examination activities under subsection (c), and to assess and detect risks to consumers and consumer financial markets." ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau shall, to the fullest extent possible, use—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The prudential regulator shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Notwithstanding subsections (a) through (h) and ( l ), a person subject to or described in one or more of such provisions—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Except as provided in subparagraph (B), and subject to subparagraph (C), the Bureau may not exercise any rulemaking, supervisory, enforcement, or other authority under this title with respect to a merchant, retailer, or seller of nonfinancial goods or services, but only to the extent that such person—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Subparagraph (A) does not apply to any credit transaction or collection of debt, other than as described in subparagraph (C)(i), arising from a transaction described in subparagraph (A)—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Subparagraph (A) and clause (i) of this subparagraph do not apply to any merchant, retailer, or seller of nonfinancial goods or services—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "A merchant, retailer, or seller of nonfinancial goods or services that would otherwise be subject to the authority of the Bureau solely by virtue of the application of subparagraph (B)(iii) shall be deemed not to be engaged significantly in offering or providing consumer financial products or services under subparagraph (C)(i), if such person—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Without limiting subsection (a), and except as permitted in paragraph (2), the Bureau may not exercise any rulemaking, supervisory, enforcement, or other authority under this title with respect to a person that is licensed or registered as a real estate broker or real estate agent, in accordance with State law, to the extent that such person—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau may exercise rulemaking, supervisory, enforcement, or other authority under this title with respect to a person described in paragraph (1) when such person is—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Director may not exercise any rulemaking, supervisory, enforcement, or other authority over a person to the extent that—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "such person—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "For purposes of this subsection, the following definitions shall apply:" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Except as permitted in paragraph (2), the Bureau may not exercise any rulemaking, supervisory, enforcement, or other authority over—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "any person that is a certified public accountant, permitted to practice as a certified public accounting firm, or certified or licensed for such purpose by a State, or any individual who is employed by or holds an ownership interest with respect to a person described in this subparagraph, when such person is performing or offering to perform—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "other services that are incidental to such customary and usual accounting activities, to the extent that such incidental services are not offered or provided—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "For purposes of subparagraphs (A) and (B), a person described in paragraph (1)(A) shall not be deemed to be extending credit, if such person is only extending credit directly to a consumer, exclusively for the purpose of enabling such consumer to purchase services described in clause (i) or (ii) of paragraph (1)(A) directly from such person, and such credit is—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Paragraph (1) shall not be construed so as to limit the exercise by the Bureau of any supervisory, enforcement, or other authority regarding the offering or provision of a consumer financial product or service described in any subparagraph of section 5481(5) of this title —" ;
fro-usc:hasReferenceText "/us/usc/t12/s5481/5" ;
fro-usc:refers_toLevel fro-usc-t12-ch53:id83a673b6-1df7-11e6-87ee-8e4a3ab90f2a ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "For purposes of this title, a person shall not be treated as having engaged in the offering or provision of any consumer financial product or service solely because such person is—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau shall have no authority under this section to declare an act or practice in connection with a transaction with a consumer for a consumer financial product or service, or the offering of a consumer financial product or service, to be unlawful on the grounds that such act or practice is unfair, unless the Bureau has a reasonable basis to conclude that—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau shall have no authority under this section to declare an act or practice abusive in connection with the provision of a consumer financial product or service, unless the act or practice—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "takes unreasonable advantage of—" ;
.
rdf:type fro-usc:USC_QuotedContent ;
fro-usc:hasQuotedContentText "“This subtitle [subtitle C (§§ 1031–1037), enacting this part] shall take effect on the designated transfer date.”" ;
fro-usc:hasReferenceText "/us/pl/111/203/tX" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "A model form issued pursuant to paragraph (1) shall contain a clear and conspicuous disclosure that, at a minimum—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "A covered person may not be required by this section to make available to the consumer—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau shall, when prescribing any rule under this section, consult with the Federal banking agencies and the Federal Trade Commission to ensure, to the extent appropriate, that the rules—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau shall establish, in consultation with the appropriate Federal regulatory agencies, reasonable procedures to provide a timely response to consumers, in writing where appropriate, to complaints against, or inquiries concerning, a covered person, including—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "A covered person subject to supervision and primary enforcement by the Bureau pursuant to section 5515 of this title shall provide a timely response, in writing where appropriate, to the Bureau, the prudential regulators, and any other agency having jurisdiction over such covered person concerning a consumer complaint or inquiry, including—" ;
fro-usc:hasReferenceText "/us/usc/t12/s5515" ;
fro-usc:refers_toLevel fro-usc-t12-ch53:id83ab2dde-1df7-11e6-87ee-8e4a3ab90f2a ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "A covered person subject to supervision and primary enforcement by the Bureau pursuant to section 5515 of this title , a prudential regulator, and any other agency having jurisdiction over a covered person subject to supervision and primary enforcement by the Bureau pursuant to section 5515 of this title may not be required by this section to make available to the consumer—" ;
fro-usc:hasReferenceText "/us/usc/t12/s5515" ;
fro-usc:refers_toLevel fro-usc-t12-ch53:id83ab2dde-1df7-11e6-87ee-8e4a3ab90f2a ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Ombudsman designated under this subsection shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "It shall be unlawful for—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "any covered person or service provider—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "any covered person or service provider to fail or refuse, as required by Federal consumer financial law, or any rule or order issued by the Bureau thereunder—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "As used in this section—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "the term “eligible entity” means—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "the insurance commission (or any agency or office performing like functions) of any State that the Office determines has—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "a consumer protection agency of any State, if—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "the term “misleading designation”—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "does not include a certification, professional designation, license, or other credential that—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Office shall establish a program under which the Office may make grants to States or eligible entities—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "A State or eligible entity desiring a grant under this section shall submit an application to the Office, in such form and in such a manner as the Office may determine, that includes—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "a proposal for activities to protect seniors from misleading or fraudulent marketing that are proposed to be funded using a grant under this section, including—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "a description of how the proposed activities would—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The amount of a grant under this section may not exceed—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "$500,000 for each of 3 consecutive fiscal years, if the recipient is a State, or an eligible entity of a State, that has adopted rules—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "$100,000 for each of 3 consecutive fiscal years, if the recipient is a State, or an eligible entity of a State, that has adopted—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "rules—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "Except as provided in paragraph (6), in any case in which the attorney general of a State has reason to believe that an interest of the residents of the State has been or is threatened or adversely affected by the engagement of any person subject to a rule prescribed under subsection (a) in practices that violate such rule, the State, as parens patriae, may bring a civil action on behalf of its residents in an appropriate district court of the United States or other court of competent jurisdiction—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "Upon receiving the notice required by paragraph (2), and subject to subtitle B of the Consumer Financial Protection Act of 2010 [ 12 U.S.C. 5511 et seq.], the Bureau of Consumer Financial Protection or the Commission, as appropriate may intervene in such civil action and upon intervening—" ;
fro-usc:hasReferenceText "/us/usc/t12/s5511" ;
fro-usc:refers_toLevel fro-usc-t12-ch53:id83a8bd32-1df7-11e6-87ee-8e4a3ab90f2a ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "In a civil action brought under paragraph (1)—" ;
.
rdf:type fro-usc:USC_QuotedContent ;
fro-usc:hasQuotedContentText "“The amendments made by subsection (a) [amending this section] shall take effect on March 12, 2009 .”" ;
fro-usc:hasReferenceText "/us/pl/111/24/tV" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Before prescribing a final regulation based upon a notice issued pursuant to paragraph (1), the Bureau shall take into account whether—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau—" ;
.
rdf:type fro-usc:USC_QuotedContent ;
fro-usc:hasQuotedContentText "“This subtitle [subtitle D (§§ 1041–1048) of title X of Pub. L. 111–203 , enacting this part and enacting and amending sections 25b and 1465 of this title] shall become effective on the designated transfer date.”" ;
fro-usc:hasReferenceText "/us/pl/111/203" ;
fro-usc:hasReferenceText "/us/pl/111/203/tX" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The notification required under this paragraph shall, at a minimum, describe—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "In any action described in paragraph (1), the Bureau may—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "upon intervening—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "For purposes of this part, the following definitions shall apply:" ;
.
rdf:type fro-usc:USC_QuotedContent ;
fro-usc:hasQuotedContentText "“This subtitle [subtitle E (§§ 1051–1058), enacting this part] shall become effective on the designated transfer date.”" ;
fro-usc:hasReferenceText "/us/pl/111/203/tX" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "If a person described in clause (i) refuses to answer any question—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "For purposes of this subsection—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Whenever the Bureau has reason to believe that any person may be in possession, custody, or control of any documentary material or tangible things, or may have any information, relevant to a violation, the Bureau may, before the institution of any proceedings under the Federal consumer financial law, issue in writing, and cause to be served upon such person, a civil investigative demand requiring such person to—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Each civil investigative demand for the production of documentary material shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Each civil investigative demand for the submission of tangible things shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Each civil investigative demand for written reports or answers to questions shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Each civil investigative demand for the giving of oral testimony shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Any civil investigative demand issued, and any enforcement petition filed, under this section may be served—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "upon any person who is not found within the territorial jurisdiction of any court of the United States—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Service of any civil investigative demand or any enforcement petition filed under this section may be made upon a person, including any legal entity, by—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau is authorized to conduct hearings and adjudication proceedings with respect to any person in the manner prescribed by chapter 5 of title 5 in order to ensure or enforce compliance with—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "If a notice of charges served under subsection (b) specifies, on the basis of particular facts and circumstances, that the books and records of a covered person or service provider are so incomplete or inaccurate that the Bureau is unable to determine the financial condition of that person or the details or purpose of any transaction or transactions that may have a material effect on the financial condition of that person, the Bureau may issue a temporary order requiring—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Any temporary order issued under subparagraph (A)—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "unless set aside, limited, or suspended by a court in proceedings under paragraph (2), shall remain in effect and enforceable until the earlier of—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Relief under this section may include, without limitation—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "In determining the amount of any penalty assessed under paragraph (2), the Bureau or the court shall take into account the appropriateness of the penalty with respect to—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "No civil penalty may be assessed under this subsection with respect to a violation of any Federal consumer financial law, unless—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "No covered person or service provider shall terminate or in any other way discriminate against, or cause to be terminated or discriminated against, any covered employee or any authorized representative of covered employees by reason of the fact that such employee or representative, whether at the initiative of the employee or in the ordinary course of the duties of the employee (or any person acting pursuant to a request of the employee), has—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Upon receipt of such a complaint, the Secretary of Labor shall notify, in writing, the person named in the complaint who is alleged to have committed the violation, of—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Not later than 60 days after the date of receipt of a complaint filed under paragraph (1), and after affording the complainant and the person named in the complaint who is alleged to have committed the violation that is the basis for the complaint an opportunity to submit to the Secretary of Labor a written response to the complaint and an opportunity to meet with a representative of the Secretary of Labor to present statements from witnesses, the Secretary of Labor shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "If, in response to a complaint filed under paragraph (1), the Secretary of Labor determines that a violation of subsection (a) has occurred, the Secretary of Labor shall order the person who committed such violation—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "A proceeding under clause (i) shall be governed by the same legal burdens of proof specified in paragraph (3). The court shall have jurisdiction to grant all relief necessary to make the employee whole, including injunctive relief and compensatory damages, including—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "For purposes of this part—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "the term “consumer financial protection functions” means—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "the terms “transferor agency” and “transferor agencies” mean, respectively—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Except as provided in subsection (c), consumer financial protection functions are transferred as follows:" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "No provision of this title shall be construed as altering, limiting, expanding, or otherwise affecting the deference that a court affords to the—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "A transferor agency that is a prudential regulator shall have—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "For purposes of carrying out the authorities under, and subject to the limitations of, part B, each prudential regulator may enforce compliance with the requirements imposed under this title, and any rule or order prescribed by the Bureau under this title, under—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasDate "2010-07-21"^^xsd:date ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Not later than 60 days after July 21, 2010 , the Secretary shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Secretary—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasDate "2010-07-21"^^xsd:date ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Secretary may designate a date that is later than 12 months after July 21, 2010 , if the Secretary transmits to appropriate committees of Congress—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Not later than the designated transfer date, the Bureau—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Section 5581(b)(1) of this title does not affect the validity of any right, duty, or obligation of the United States, the Board of Governors (or any Federal reserve bank), or any other person that—" ;
fro-usc:hasReferenceText "/us/usc/t12/s5581/b/1" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Section 5581(b)(4) of this title does not affect the validity of any right, duty, or obligation of the United States, the Federal Deposit Insurance Corporation, the Board of Directors of that Corporation, or any other person, that—" ;
fro-usc:hasReferenceText "/us/usc/t12/s5581/b/4" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Section 5581(b)(5) of this title does not affect the validity of any right, duty, or obligation of the United States, the Federal Trade Commission, or any other person, that—" ;
fro-usc:hasReferenceText "/us/usc/t12/s5581/b/5" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Section 5581(b)(6) of this title does not affect the validity of any right, duty, or obligation of the United States, the National Credit Union Administration, the National Credit Union Administration Board, or any other person, that—" ;
fro-usc:hasReferenceText "/us/usc/t12/s5581/b/6" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Section 5581(b)(2) of this title does not affect the validity of any right, duty, or obligation of the United States, the Comptroller of the Currency, the Office of the Comptroller of the Currency, or any other person, that—" ;
fro-usc:hasReferenceText "/us/usc/t12/s5581/b/2" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Section 5581(b)(3) of this title does not affect the validity of any right, duty, or obligation of the United States, the Director of the Office of Thrift Supervision, the Office of Thrift Supervision, or any other person, that—" ;
fro-usc:hasReferenceText "/us/usc/t12/s5581/b/3" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Section 5581(b)(7) of this title shall not affect the validity of any right, duty, or obligation of the United States, the Secretary of the Department of Housing and Urban Development (or the Department of Housing and Urban Development), or any other person, that—" ;
fro-usc:hasReferenceText "/us/usc/t12/s5581/b/7" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau shall not have responsibility or authority—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "For purposes of this paragraph—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "If, at the end of the 1-year period beginning on the designated transfer date, the Bureau has not established its own, or arranged for participation in another entity’s, medical, dental, vision, or life insurance program, an employee transferred pursuant to this part who was a member of such a program at the agency or Federal reserve bank from which the employee transferred may, before the coverage of that employee ends under subparagraph (A)(i), elect to enroll, without regard to any regularly scheduled open season, in—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "In administering the provisions of this section, the Bureau—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau and the Board of Governors shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau and the Board of Directors of the Federal Deposit Insurance Corporation shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau and the National Credit Union Administration Board shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau and the Comptroller of the Currency shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau and the Director of the Office of Thrift Supervision shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau and the Secretary of the Department of Housing and Urban Development shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Each employee to be transferred under this section shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Paragraph (1) does not limit the right of the Bureau—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Paragraph (1) does not limit the right of the Bureau to reduce the rate of basic pay of a transferred employee—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "If the Bureau determines, during the 2-year period beginning 1 year after the designated transfer date, that a reorganization of the staff of the Bureau is required—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "any resulting reduction in force shall be governed by the provisions of chapter 35 of title 5, except that the Bureau shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The purpose of this section is to ensure that the Bureau—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The plans described in this paragraph are as follows:" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau shall submit a training and workforce development plan that includes, to the extent practicable—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau shall submit a workforce flexibility plan that includes, to the extent practicable—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Bureau shall submit a recruitment and retention plan that includes, to the extent practicable, provisions relating to—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Nothing in this section may be construed to affect—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Board of Governors shall work with the Federal reserve banks and the Department of the Treasury to expand the use of the automated clearinghouse system and other payment mechanisms for remittance transfers to foreign countries, with a focus on countries that receive significant remittance transfers from the United States, based on—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "the significance of the volume of such transfers relative to the external financial flows of the receiving country, including—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasDate "2010-07-21"^^xsd:date ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Before the end of the 365-day period beginning on July 21, 2010 , the Director shall submit a report to the President, the Committee on Banking, Housing, and Urban Affairs of the Senate, and the Committee on Financial Services of the House of Representatives regarding—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The regulations prescribed under paragraph (1) may, as the Bureau may so determine—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Not later than 1 year after the designated transfer date, the Director shall submit to Congress a report describing—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "In this section, the term “exchange facilitator” means a person that—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Any determination pursuant to paragraph (1) shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "contain an evaluation of the evidence that—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "Notwithstanding any other provision of Federal or State law, upon the determination of both the Corporation (upon a vote of not fewer than ⅔ of the members of the Corporation then serving) and the Board of Governors (upon a vote of not fewer than ⅔ of the members of the Board of Governors then serving) under subsection (a) that a liquidity event exists that warrants use of the guarantee program authorized under section 5612 of this title , and with the written consent of the Secretary—" ;
fro-usc:hasReferenceText "/us/usc/t12/s5612" ;
fro-usc:refers_toLevel fro-usc-t12-ch53:id83b25b14-1df7-11e6-87ee-8e4a3ab90f2a ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Secretary shall—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "The Comptroller General of the United States shall review and report to Congress on any determination of the Corporation and the Board of Governors under subsection (a), including—" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 2 ;
fro-usc:hasChapeauText "If, before the passage by the Senate of a joint resolution of the Senate, the Senate receives a joint resolution, from the House of Representatives, then the following procedures shall apply:" ;
.
rdf:type fro-usc:USC_Chapeau ;
fro-leg-ref:hasSequenceNumber 1 ;
fro-usc:hasChapeauText "With respect to a joint resolution of the Senate—" ;
.